PFMS

Record number of transactions through PFMS on a single day.. @FinMinIndia @Ajayicas

Public Financial Management System (PFMS) achieves a Historical Record Breaking Volume of Digital Transactions.

The Line Ministries/ Departments utilize this platform to monitor the utilization of funds provided to the implementing agencies and States Governments. PFMS is also used for Direct Benefit Transfer (DBT) payments under MGNREGA & other notified Schemes of the Government of India.

PFMS is an ambitious project of Government of India being implemented by the Controller General of Accounts (CGA), Ministry of Finance. PFMS has proved as a robust digital platform towards the Prime Minister’s vision of DIGITAL INDIA.

PFMS provides platform for efficient management of funds through tracking of funds and real time reporting of expenditure and receipts through Treasury and Bank Interface.

PFMS has organically grown on the basis of performance & user acceptance. Its user base today includes Union Ministries/Deptts,Implementing Agencies & State Governments. Ability of platform to respond to ever expending user requirements is reflective of its robustness & utility.